Fantastic Tri-Cities Area QSR
Location: Tennessee > Washington County > Johnson City
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $219,000
Gross Revenue: $400,000
Gross Revenue Comments: Increased 3 years in a row
Cash Flow: $90,000
Cash Flow Comments: Increased 3 years in a row
Inventory: $5,000 (Included in Asking Price)
FF&E: $50,000 (Included in Asking Price)
Seller Financing: Possible with 50 % down
Business Summary
SUMMARY:
Open for nine years, this very profitable QSR keeps making a handsome return for the current owner/operator. Sales have increased 10% over the last two years, 2006, 2007 and are on pace for over $450K for this year. $10,000 monthly cash flow for the last 16 months in a row. Rent, including CAM is only $3300 a month. Well recognized franchise offers great training and support. The motivated seller has a fantastic price of only $219,000 reflecting only 1.8 X cash flow!
Open for nine years, this very profitable QSR keeps making a handsome return for the current owner/operator. Sales have increased 10% over the last two years, 2006, 2007 and are on pace for over $450K for this year. $10,000 monthly cash flow for the last 16 months in a row. Rent, including CAM is only $3300 a month. Well recognized franchise offers great training and support. The motivated seller has a fantastic price of only $219,000 reflecting only 1.8 X cash flow!
About the Business
Year Established: 1997
Employees: 2 full time - 4 part time
Franchise: Yes
Facilities: End-Cap unit
Market Outlook and Competition: This particular franchise out performs all others in area
About the Sale
Management Training and Support: 4 weeks Denver
Reason For Selling: Other interests
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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